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1841 E Long St 8 Unit Apartment Building $2,062,245 CAD ($257,781 CAD/Unit) 5.70% Cap Rate Carson City, NV 89706



Executive Summary
***Well-Maintained 8-Unit Investment Property*** Turnkey multifamily opportunity in the heart of Carson City. This professionally managed 8-unit complex features all 2-bedroom, 1-bathroom units, offering a highly desirable and consistent unit mix. Some of the units have been renovated within the past year, designed for low maintenance and strong rental appeal. Upgrades include new flooring throughout, full interior repaint (walls, ceilings, baseboards, doors, and cabinets), and updated windows and screens in both bedrooms and living areas—enhancing durability and energy efficiency. Kitchen improvements include garbage disposals, and modern faucets. Additional upgrades feature new blinds and replaced interior doors (coat, water heater, and storage). Major system updates include replaced HVAC, further reducing near-term capital expenses. With significant capital improvements already completed, this asset is well-positioned for stable occupancy, reduced maintenance costs, and consistent long-term cash flow, with additional upside potential.
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,062,245 CAD | Building Class | C |
| Price Per Unit | $257,781 CAD | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 6,912 SF |
| Cap Rate | 5.70% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1979 |
| Property Subtype | Apartment | Parking Ratio | 2.31/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | GC | ||
| Price | $2,062,245 CAD |
| Price Per Unit | $257,781 CAD |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 6,912 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 2.31/1,000 SF |
| Zoning | GC |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 864 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 002-368-03 | Total Assessment | $176,731 CAD (2025) |
| Land Assessment | $69,383 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $107,348 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
002-368-03
Land Assessment
$69,383 CAD (2025)
Improvements Assessment
$107,348 CAD (2025)
Total Assessment
$176,731 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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1841 E Long St
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